Caravan Energy Corp. (TSE:NTMC) has released an update.
Neotech Metals Corp. has successfully completed its flow-through financing, raising $800,000 by issuing over 1.1 million units at $0.70 each, which includes both common shares and purchase warrants. The funds will be directed towards the company’s Canadian mineral exploration activities. The offering included a finder’s fee and a provision to accelerate warrant expiry if share prices rise significantly.
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